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North Carolina small business profile

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This SmalBusiness.com Local Project entry provides a overview of small business activities in North Carolina. You can find information about a wide array of small business resources in North Carolina at the North Carolina Hub.

Contents

North Carolina's 173,409 small employers and 644,873 nonemployers make significant contributions to the state's economy, and they bring innovative products and services to the marketplace. They are an important source of employment and opportunity throughout the state.

North Carolina's real gross state product increased by 0.1% and private-sector employment decreased by 0.9% in 2008. By comparison, real GDP growth in the United States was 0.7% and private-sector employment declined by 0.7%.

The health care and social assistance industry was the state’s largest small business employer in 2006; manufacturing was the largest overall employer.

The number of small employers in North Carolina was 173,409 in 2006, accounting for 98.1% of the state's employers and 48.6% of its private-sector employment. (Source: U.S. Dept. of Commerce: Bureau of the Census.)

See also